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The Impact of Blockchain Technology and Decentralized Supply Chain on Production

The Impact of Blockchain Technology and Decentralized Supply Chain on Production
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Author(s): Kourosh Mokhtari (Seville University, Spain), Seyydeh Atefeh Mousavi Abandansari (Department of Industrial Engineering, Mazandaran University of Science and Technology, Babol, Iran)and Fariba Goodazian (Edinburgh Business School (EBS) and School of Social Sciences, Heriot-Watt University, Riccarton, UK)
Copyright: 2024
Pages: 14
Source title: Applications of New Technology in Operations and Supply Chain Management
Source Author(s)/Editor(s): Atour Taghipour (University of Normandie, France)
DOI: 10.4018/979-8-3693-1578-1.ch017

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Abstract

In this chapter, the authors will examine blockchain technology and decentralized supply chain and their impact on production. Despite significant research, supply chain management has many years to solve issues such as product supply, product life cycle, transportation history, etc. Therefore, blockchain technology in various industrial sectors as a support technology shows that it is a decentralized and distributed which enables all secure transactions and transactions without intermediaries and provides a permanent and anti-tampering record of transactions so that all data can be accessed and confirmed by anyone who has access to the network. In fact, blockchain technology is considered to improve the functionality of the decentralized supply chain and is used to increase the level of security and supply chain services so that all product assets registered by blockchain technology are untamperable.

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